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Managerial Economics ECO20003

This class was created by Brainscape user Rachel Axton. Visit their profile to learn more about the creator.

By: Rachel Axton
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Decks in this class (12)

Mod 1 - Topic 1 - The firm & its goals
What is the study of economics,
What are the three economic quest...,
What is the definition of scarcity
40  cards
Mod 2 - Topic 1 - Supply and demand
What is demand,
What is market demand,
What is the law of demand
30  cards
Mod 2 - Topic 2 - Demand Elasticity
What is elasticity,
What is the formula for determini...,
What is the price elasticity of d...
54  cards
Mod 2 - Topic 3 - Demand estimation and forecasting
Because data for analysis may be ...,
What is regression analysis,
Regression analysis can be simple...
39  cards
Mod 3 - Topic 1 - Costs of production
Cost is an important component of...,
What is relevant cost,
What is historical cost
38  cards
Mod 4 - Topic 1 - Perfect Competition & Monopoly
What are the five features of per...,
What are four examples of perfect...,
What are the five features of a m...
34  cards
Mod 4 - Topic 2 - Monopolistic Competition & Oligopoly
What is imperfect competition,
What occurs if above normal profi...,
What is an oligopoly
26  cards
Mod 4 - Topic 3 - Pricing Policies
What is a cartel,
Does a cartel have to be formal a...,
What conditions influence the for...
32  cards
Mod 4 - Topic 4 - Game Theory
What are the two shortcomings tha...,
What is game theory,
What are the fundamental aspects ...
30  cards
Mod 5 - Topic 1 - Risk analysis, uncertainty and incentives
What is asymmetric information,
Explain the asymmetric informatio...,
What is the lemons problem
18  cards
Mod 6 - Topic 1 - The Multinational Corporation and Globalisation
Multinational corporations face t...,
What is globalisation,
Globalisation is also an outcome ...
27  cards
Multiple choice questions
41 to an economist total costs in...,
42 which of the following is a re...,
43 which of the following distinc...
60  cards

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Managerial Economics ECO20003

  • Class purpose General learning

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